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126
Dec 5, 2012
12/12
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caller: we get a line of government workers or people working in the government sector. people who work hard. have a house -- they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the average person doesn't know that. host: how do you do that in two weeks? caller: you can do it. most people's major asset is their home. for people that have more money, it gets harder. give now. if you intended to give money to your kids, do with this year. get it out. if you wait, it is going to be harder. this gets complicated. you have an exemption. there is a current level of how much you can give to any one person. that right now is $5 million tax free this year. next year that drops to $1 million. if you wanted to give money to your kids or give your kids and house, this is th
caller: we get a line of government workers or people working in the government sector. people who work hard. have a house -- they have a house. real estate is expensive. a five million-dollar house is not uncommon in d.c. you have half of your exemption gone. host: the state to take the house and put it in a trust. caller: you have to put that in a non revocable trust. it gets complicated. do not do this on the internet. you can make use of non revocable trust. you can make it an asset. the...
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Dec 7, 2012
12/12
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it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not get back into the workforce. we see the trust fund set to hit insolvency in 2016. host: we will go first to tim from carolina on the republican line. caller: good morning. how are you? i would like to ask a question. how can the government extend unemployment benefits to the tune of -- it seems like unlimited when the recession came in in 2009 and i guess bush was leaving and obama was coming in. how could they extend them that long when i am 47 years old and i have never done it in my life until 2009. yet these people were able to go way
it will only increase government spending. unemployment benefits are a stopgap measure that prevent people who might be able to get work from getting other government benefits. the most egregious example is social security disability. as people start to exhaust their unemployment benefits, they apply for disability. that is a good program designed for people who are unable to work. as more and more people who can work apply for it, that drains the resources. once they get on that, they do not...
105
105
Dec 10, 2012
12/12
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eye 105
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own government. caller: my concern is over the cost of using contractors. they have so many different business models that the government cannot control. we need to have a more flexible way to control what we do and what we do not do. it is almost impossible to stop serving today without this tremendous cost. -- something today without this tremendous cost. contracting is going to hire more than any other category of employment. however going to maintain a contract force that is going to continually rising cost -- rise in cost? guest: one of the reason we have so many contractors is we have taken those forces out of the military. rather than having a lot of people in uniform, which we might pay for for 30 years on the possibility that we go to war in iraq or afghanistan, we rely on contractors. contractors can be expensive, if you need to use them. if you have them on standby with a number of major companies who do this kind of thing, you are paying a minimal amount. we pay them some amount of money,
own government. caller: my concern is over the cost of using contractors. they have so many different business models that the government cannot control. we need to have a more flexible way to control what we do and what we do not do. it is almost impossible to stop serving today without this tremendous cost. -- something today without this tremendous cost. contracting is going to hire more than any other category of employment. however going to maintain a contract force that is going to...
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106
Dec 6, 2012
12/12
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eye 106
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the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very much rned so muc that i have never learned in undergraduate hours, law school, or high school. i have learned more about history, government, the true history of this country. not what we have been spoonfed in high school. or in critical about the pleasant stories where we were happy with smiles on their face. where we have come from and how far we have come and how far we can go in terms of really being that bright and shining lfght for other countries to follow by example. host: is that it? caller: please, please, is there some way
the purpose of government is. i believe barack obama is on the right track to teach the people that this is what the role of government should be, for the people. not the corporate interests. one other thing. matt asked about c-span? i want to say unfortunately i have been disabled. i am a disabled veteran. i have been not able to work since the end of 1997. the one benefit i have had to have this opinion is i have been able to watch c-span and "washington journal" almost daily. very...
149
149
Dec 4, 2012
12/12
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we are not here for the government's spending. we have a right to earn our own money, to keep what we have come not to pay off the things that we share. most of that other stuff that happens, we should be going to the states to handle it. right now because of the potential of riots, let's stop the business welfare and then let's stop the personal welfare spending stop making people dependent. host: we will keep this conversation going by let me give you some other headlines. "the los angeles times" this morning -- "the wall street journal" says this about the situation in syria -- it is the front page of "the new york times" this morning, and they say this -- peter baker and bryan gordon write in "the new york times" -- then, also we are doing a segment on syria taking a deeper dive into this issue on sunday here on the "washington journal ." moving on to the situation in israel. five nations some men envoys of israel. also, some other headlines for you. "the baltimore sun" -- next to that, president obama suggests a revamp of the
we are not here for the government's spending. we have a right to earn our own money, to keep what we have come not to pay off the things that we share. most of that other stuff that happens, we should be going to the states to handle it. right now because of the potential of riots, let's stop the business welfare and then let's stop the personal welfare spending stop making people dependent. host: we will keep this conversation going by let me give you some other headlines. "the los...
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87
Dec 9, 2012
12/12
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i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense the president has called for and included a tax increase the president wanted on high-income americans and had substantial spending cuts. why cannot the president do the same thing? guest: those cuts were specified in general terms only. guest: i would love for the president to come in as the general. host: democrats line, good morning. caller: our you doing today? i will be real quick -- this is a joke. every time i see this mr. aikens on tv, i laughed. this guy was with the regime that put us in this mess today. here is talking about soci
i have credibility in rating government debt. i worry about them but the most important thing is if we got a substantial down grade, u.s. treasurys would no longer satisfy international banking requirements. this spills over to the way we will run our lives. this is something we should do anyway. guest: when we got downgraded last time, we were told that pension funds would have to dump the securities and they did not. host: guest: john boehner put out a package which was balanced in the sense...